Anthropic's AI tool Claude's ability to modernize Cobol code caused IBM shares to plummet, wiping out billions in market cap.

From Classroom to Enterprise: The Ring Programming Language and Softanza Library Power Education and Banking in Niger ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

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A single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market ...

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

Unofficial solutions, while functional, were often brittle and prone to timeout issues. Remote Control replaces these ...

The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.

Nvidia CEO Jensen Huang says English could become the most powerful programming language as AI reduces the need for traditional coding and shifts focus toward intent-driven human-machine interaction.

Programming began as a way to give simple instructions to machines that barely worked. Over decades, it evolved through punch cards, assembly language, and high-level code into something that now runs ...

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